3221 Howland Blvd - Restaurant FOR SALE


Deltona, FL 32725
$3,333,000 USD
813-434-8278
3221 Howland Blvd, Deltona, FL for Sale
$3,333,000 USD
Restaurant - FOR SALE
1/10
null | 6% Cap Rate

3221 Howland Blvd
Deltona, FL 32725


HIGHLIGHTS

  • 7+ Years Remaining | Corporate Guaranty (S&P: BBB+) | 2023 Construction | Scheduled Rental Increases
  • Fee Simple Ownership (Land & Building) | No State Income Tax |NN Leased | Limited Landlord Responsibilities
  • Deltona Village Development (140 Acre) | Deltona High School |Amazon Distribution Expansion | Medical Center of Deltona
  • Directly Off I-4 (110,500 VPD) | Strong Tenant Synergy | Drive-Thru Equipped | Excellent Visibility & Ease of Access
  • High Performing Location with Excellent Sales | Ranks in 90th Percentile According to Placer ai
  • Ideal Demographics in Local Trade Area

OVERVIEW

Part of Deltona Village Mixed-Use Development (140 Acres) Corporate Guaranty (S&P: BBB+) No State Income Tax The local trade area is anticipating a 1.88% YOY population increase from 2023-2038 2023 - Second Quarter Earnings Report Highlights: During Q2 2023, U.S. comparable store sales increased 12%, driven by a 6% increase in comparable transactions and a 6% increase in average ticket Opened 464 new stores in Q2 2023 (100+ in North America & 360+ internationally), 36,634 total locations GAAP operating margin increase to 15.2% compared to 12.4% in the previous year

FOR SALE DETAILS

PRICE

$3,333,000 USD

PRICE/SF

$1,267 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks - Deltona, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

C

APN/PARCEL ID

8107-06-00-0056

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.